It would be up to the two partners to agree on the terms of the arrangement and ideally put it all in writing.From a future loan qualification perspective this monthly payment will count against the debt to income ratio for all parties for future loans based on this bank/ car/ mortgage payment being reported to the credit bureaus.

Clearly some of these posts have not lived through the gravity of such a situation.Should she have been better prepared -ideally, but we are not always given this chance.Lets see how you perform when you have been bombarded with Chemotherapy and Radiotherapy especially with very little family support.Lets also take into account, she has rented here for 20 years and she is EIGHTY years of age - Is this how you think society should move forward.I understand business is business BUT lets put this into perspective here, we are talking 3 BOUNCED RENTAL CHEQUES!

In an ideal situation, your maturity distribution should be matched closely to the intended holding period of a property, that saves alot of money and headaches.

I have one tenant who is ideal, however, he does smoke.

I will be happy to share with you what the National Fire Protection Agency which is the Federal Governing body when it comes to fire standards says about the number of smoke detectors that are "ideal".

As Justin Silverio mentioned, going with a specific location would be ideal.

At $2000 rent, my ideal tenant makes $72000 a year.

Qualify first, ideally your marketing will do most of the qualifying, and then make offers to the truly motivated sellers.

For me, I have a lot of rentals to manage so if I have problem free tenants I want to keep them and I'd rather just invest my time and cash into buying additional properties rather than trying to squeeze a little more out of ideal tenants.

Ideally, that is what I would want, just because it would afford me the chance to live for free, and build equity over a few years.Let me run my numbers by you if you have a minute:Ideally, buy a $170,000 duplex (going rate).